WHAT S NEXT? SAN FRANCISCO S MAJOR DEVELOPMENT AND INFRASTRUCTURE PROJECTS

Transcription

1 WHAT S NEXT? SAN FRANCISCO S MAJOR DEVELOPMENT AND INFRASTRUCTURE PROJECTS By: Tiffany Bohee, Executive Director, Office of Community Investment and Infrastructure November 3,

2 INNOVATION CORRIDOR Financial District Seawall Lot 337 Transbay SoMa Mission Bay Pier 70 Central Waterfront Life Sciences Overlay Bayview Industrial District Hunters Point Shipyard 2

3 TRANSBAY P H OTO 3

4 TRANSBAY AT BUILDOUT 4

5 Publicly-Owned Parcels TRANSBAY DEVELOPMENT PROGRAM Over 3,400 new residential units 35% total) Over 2.6 million s.f. of new office development 200,000 s.f. of new retail space 9 acres of new parks, including 5.5- acre rooftop park on Transit Center 9000 permanent jobs Privately-Owned Parcels Over 1,300 new residential units Nearly 4 million s.f. of new office development Nearly 50,000 s.f. of new retail space Transbay Joint Powers Authority is responsible for contruction of the new Transbay terminal 5

6 TRANSBAY LAND SALES PROCEEDS FOR TERMINAL CONSTRUCTION 300 acre former rail yard Sold for $195 million in March 2013 to Hines/ Boston Properties 1.4 million s.f. office 10,000 s.f. retail Sold for $30 million in October 2013 to Golub 409 market-rate units 155 affordable units 10,000 s.f. retail Winning proposal selected in March 2013 for $43 million sale to Avant Housing 436 market-rate units 109 affordable units 9,000 s.f. retail 6

7 T R A N S B AY L A N D S A L ES P R O C E E D S F O R T E R M I N A L C O N S T R U C T I O N Winning proposal selected in June 2014 for $72 million sale to Related 476 market-rate units 177 affordable units 10,000 s.f. retail Winning proposal selected in September 2014 for $172.5 million sale to Golub and John Buck Company 700,000 s.f. office 6,000 s.f. retail 7

8 T R A N S B AY B LO C K 1 : F O L S O M A N D S P EA R 300 acre former rail yard 8

9 TRANSBAY UNDER RAMP PARK 300 acre former rail yard 9

10 MISSION BAY BEFORE Redevelopment of 303 acres of former railyards into a mixeduse neighborhood 300 acre including former new UCSF rail campus and hospital yard 10

11 MISSION BAY PROGRAM 6,400 residential units 4067 housing units completed including 822 affordable units 4.4 million sf office/ biotech/ R&D UCSF research campus and hospital 250-room hotel Public school, fire/police station and headquarters, library 30,000 permanent jobs 49 acres of public parks 11

12 MISSION BAY PUBLIC BENEFITS» Police/ Fire Station Donation of 1.27 acres of land and $3.9M towards new stations» School Donation of 2.2 acres of land and construction of new school yard» Job Training Payment of $3M for job training» Parks Construction of 41 acres of new City parks plus 8 acres of UCSF parks» Affordable Housing Donation of 14.9 acres of land, construction of 1,850 affordable units, and donation of $1M for pre-development loan fund» Odor Control - $5M for improvements to sewer system» Land Donation to UCSF 43 acres of land donated to UCSF for campus» Transportation Management Association Private entity to provide services to promote transit, bike and pedestrian transportation.» Job Creation Anticipated to generate over 31,000 permanent jobs. 12

13 MISSION BAY AFFORDABLE HOUSING 822 Affordable Units Completed Majority are rental units at 60% AMI or below An additional 1,030 affordable units will be built in Mission Bay

14 Mission Bay Open Spaces 14

15 MISSION BAY BIOTECH CLUSTER 300 acre former rail yard 15

16 MISSION BAY 16

17 M I S S I O N BAY/ U C S F H O S P I TA L 17

18 MISSION BAY WARRIORS ARENA & NEW PUBLIC SPACES DRAFT RENDERING DRAFT GSW Arena CAC Presentation

19 HUNTERS POINT SHIPYARD/CANDLESTICK TODAY Redevelopment of former Navy shipyard and site of Candlestick Stadium into new mixed-use neighborhoods U.S. Navy Land Alice Griffith (public housing) Hunters Point Shipyard Existing Stadium Candlestick Point 19

20 H U N T E R S P O I N T S H I P YA R D / C A N D L EST I C K P O I N T ( H P SY/ C P ) Housing R&D/Office Space Retail Hotel Artist Studio 12,100 Homes 3,150,000 s.f. 885,000 s.f. 150,000 s.f. 225,000 s.f. Parks and Open 347 Acres 20

21 H U N T E R S P O I N T S H I P YA R D P H A S E I D E V E LO P M E N T 21

22 H P SY/ CP: R E N D E R I N G S O F B LO C K S 2 A N D 4 O F A L I C E G R I F F I T H ( P U B L I C H O U S I N G ) R E V I TA L I Z AT I O N 22

23 H U N T E R S P O I N T S H I P YA R D WAT E R F R O N T I N N OVAT I O N D I ST R I C T V I S I O N 23

24 HUNTERS POINT SHIPYARD CANDLESTICK DEVELOPMENT 24

25 H P S Y/ C P P R O J E C T BENEFITS» 12,000 permanent jobs» Equal Opportunity Program» 30% below market housing» Rebuild of Alice Griffith» 350+ acres of parks» Artist Replacement Studios» Reuse of historic buildings o $29m Community First Housing Fund o $19m Workforce Development Fund o $3.5m Construction Assistance Program» $83 million in additional community benefits o $3.5m Scholarship Fund» $300 million in transportation improvements o $10m Education Improvement Fund o $2.25m Pediatric Health & Wellness Fund o Community Benefits Fund (estimated $26m) o Community Builder Program o Dedicated land and ground floor retail space for local nonprofits and small businesses serving the Bayview 25

26 HUNTERS POINT SHIPYARD CANDLESTICK 26

27 Y E R B A B U E N A : C O M P L E T I O N O F C U LT U R A L D I ST R I C T 300 acre former rail yard 27

28 YERBA BUENA: 706 MISSION/MEXICAN MUSEUM 28

29 QUESTIONS? FOR MORE INFORMATION: HTTP//: Thank you! 29